CPN and CRC’s Central Dept Store are investing Bt500m in CNY campaign under “The Great Chinese New Year” from Jan 7 – Feb 6.

CPN anticipates 1Q traffic thru malls +20% yoy supported by Easy E-Receipt shopping tax rebate stimulus.

Comment: It’ll be interesting to see the 4Q24 #’s of CPN and CRC…

DELTA sets US$300m (Bt10.4b) to expand capacity and enhance innovations for TH operation, recently imposed GMT unlikely to derail medium & L/T strategic plan, relocating production & investment out of TH is not part of strategic direction.

Comment: This Global Minimum Tax has been written about nonstop in Vietnam for the past few years, it’s only now started to hit Thailand.

EKH announced buyback, up to 63.492m shares (7.42% of paid-up) under Bt400m budget, starts from Jan 13 till Jul 11.

Comment: la la la hasn’t helped anything.

SAMART wins a 3 years maintenance service contract for navigational, communication and surveillance for air traffic management from Aeronautical Radio of TH valued at Bt357.6m.

Comment: They just aren’t winning projects like they used to.

SIRI reported FY24 residential transfer at Bt43.7b exceeded FY24 target, will sell 3 tranches of CD paying 3.9-4.5% p.a., subscription from Jan 16-17 & 20.

Amazon Web Service (AWS) kick-off cloud region in TH, give customers more choice to run workloads & securely store data in TH while serving end users with lower latency. Infra tech, Data Center, Cloud AI related, AWS cloud selling agent and telcos are expected to benefit from cloud hub: positive SIS, DELTA, INSET, ADVANC, TRUE, GULF, BBIK, BE.

Comment: I still hold to the comment that companies such as Amazon that demand renewable energy are a net cost to countries they pop in. Prove me wrong.